Farstad sells PSV Far SpiritVessel & ROV News // September 14, 2005
Farstad Supply AS, the wholly owned subsidiary of Farstad Shipping, has reached an agreement to sell the PSV Far Spirit to Ocean Mainport Offshore Ltd, which recently announced an agreement with Sartor Shipping in Norway to combine the two companies activities in the multi-role and standby sectors in the North Sea.
Far Spirit is a UT706 of 6,120bhp that was built at Ulstein Verft in Norway in 1983.
The price was NKr 50 million, which is equivalent to the value of the ship on June 30th.
Delivery to the new owner will take place in October 2005.